Wave energy technology developer Mocean Energy has secured over £3 million EU funding to develop and deploy a 250kW wave machine in Orkney.The wave energy device – named Blue Horizon 250 – will be manufactured in Scotland and deployed in a grid…
Eco Wave Power Global, a wave energy developer, said Tuesday that its station at the Port of Jaffa in Tel Aviv, EWP-EDF One, had officially connected to Israel’s national electrical grid – making it the first wave energy project to deliver electricity to the country’s power supply…
UK North Sea-focused oil and gas company Ithaca Energy said Thursday it had discovered hydrocarbons at its K2 prospect, located in Block 22/14c of the Central North Sea of the UK Continental Shelf.Upon entering the reservoir, Ithaca Energy, acting as the operator…
Hitachi Energy said Wednesday it had been selected as preferred technology provider of SSEN Transmission and National Grid, to supply two high-voltage direct current (HVDC) converter stations to interconnect the Scottish and English power grids…
The Ocean Energy Safety Institute (OESI) has awarded well integrity and well control specialist Add Energy USD 354,160 funding to develop a method to standardize blowout event consequence analysis to support consistent risk measurement of unwanted well control events…
UK North Sea-focused oil company Ithaca Energy has signed a deal to acquire a 40% stake in the Fotla Discovery it doesn't already own and three offshore exploration licenses from Spirit Energy.'The acquisition, which is subject to the satisfaction…
Alta Mar Energy, an upstream company focused on non-operated oil and gas investments in the U.S. Gulf of Mexico, on Tuesday announced the closing of an equity commitment from investment funds managed by Carnelian Energy Capital Management, L…
AGR and Add Energy said Tuesday they were combining their expertise in drilling, wells, reservoirs, and energy transition technologies CCUS and geothermal under the AGR brand.This move follows the recent acquisition of AGR and Add Energy by global energy…
Renewable energy developer European Energy and offshore wind company Vårgrønn have entered a long-term strategic partnership to jointly pursue offshore wind opportunities in the Baltic Sea within Lithuania, Estonia, and Latvia.The Baltic states have significant offshore wind potential…
The Baltic Offshore Wind Forum was held in Berlin, Germany on May 9 as part of a bid to advance sustainable energy and energy security in the Baltic Sea region.Foreign Ministers and high-level representatives of Member States of the Council of the Baltic Sea States (CBSS)…
French oil and gas services group Technip Energies on Thursday announced a green hydrogen solutions joint-venture with Belgian group John Cockerill, while reporting stronger-than-expected first-quarter earnings. The need to combat climate change…
California Senate Bill 605 has been passed in California’s Senate Energy Committee and the Natural Resources and Water Committee.SB 605, proposed by California State Senator Steve Padilla, passed both committees unanimously, 15-0 and 10-0, respectively…
Registration for the 50th-anniversary edition of SPE Offshore Europe 2023 exhibition and conference is now open, the organizers said Thursday.The free-to-attend event will be held at P&J Live, Aberdeen, from 5-8 September 2023, and themed ‘Accelerating the transition to a better energy future’…
The Italian steel company Acciaierie d’Italia has signed a letter of intent with the Falck Renewables and BlueFloat Energy´s partnership on strategic collaboration for the development of renewable energy projects.The parties have established a technical working group which will focus on four areas…
The share of bank finance going to renewable energy rather than fossil fuels has little changed in six years, raising questions about how fast lenders are pushing energy clients to become greener, according to research published Tuesday.Since 2016 renewable energy has taken 7% of a total $2…
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